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Sale Of Agreement For Land
"I need a Sale Agreement for Land to purchase a commercial property in Manchester for £2.5 million, with completion set for March 2025, including specific provisions for existing tenant rights and environmental warranties."
1. Parties: Details of seller and buyer including full names, addresses, and company details if applicable
2. Background: Context of the sale and brief property description
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the property being sold including address, title number, and extent of the property
5. Purchase Price: Amount to be paid, payment terms, deposit arrangements and completion payment details
6. Completion Date: Agreed date for completion of the sale and consequences of delay
7. Title Guarantee: Warranties regarding ownership and title quality
8. Vacant Possession: Conditions of property transfer and confirmation of vacant possession on completion
1. Leasehold Provisions: Additional terms specific to leasehold properties including service charges, ground rent and management obligations
2. Planning Permissions: Details of existing planning permissions, conditions and compliance requirements
3. Environmental Matters: Environmental warranties, disclosures and obligations regarding contamination or hazardous substances
4. Tenant Rights: Details of existing tenancies, their terms and impact on the sale
1. Schedule 1 - Property Plan: Official plan showing boundaries and extent of the property
2. Schedule 2 - Title Documents: Copies of title register and plan from Land Registry
3. Schedule 3 - Property Information Form: Completed TA6 form providing detailed information about the property
4. Schedule 4 - Fixtures and Fittings List: Completed TA10 form detailing items included and excluded from the sale
5. Schedule 5 - Planning Documents: Copies of relevant planning permissions, building regulations certificates and other consents
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